Oil lower after German data, talks of Greek deal

SAN FRANCISCO (MarketWatch) -- Crude-oil futures traded lower Tuesday, after worse-than-expected industrial data for Germany and as investors eyed Greece and a potential agreement with its debt holders. Some support came from a lower dollar and concerns around geopolitical tensions in Iran and Nigeria, two of the world's top oil producers. Crude for March delivery
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declined 14 cents, or 0.1%, to $96.79 a barrel on the New York Mercantile Exchange.

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